China Merchants Property Operation & Service Co Ltd

SZSE:001914

China / Imóveis / Gestão e desenvolvimento imobiliário

Resumo

Dividendos

Histórico Financeiro 5A

Preço Ação

11,92 CNY


Key Metrics	Latest
Total Revenue	17,172 B
Adjusted EBITDA	1,174 B
EBITDA Margin	6,8%
Net Profit Margin	4,9%
Total Assets	19,067 B
Total Debt	947,8 M

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Jan-21	Dec-21	Dec-22	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Revenue	8,651.16	10,590.93	13,023.78	15,626.68	17,172.30	17,172.30	15,626.68	17,172.30
% Growth		0.22	0.23	0.20	0.10			0.10

Adjusted EBITDA	754.84	804.33	871.67	998.14	1,174.14	1,174.14	998.14	1,174.14
% Margin	0.09	0.08	0.07	0.06	0.07	0.07	0.06	0.07

Adjusted EBIT	719.31	767.93	825.56	942.26	1,131.21	1,131.21	942.26	1,131.21
% Margin	0.08	0.07	0.06	0.06	0.07	0.07	0.06	0.07

Adjusted Net Income	358.42	379.92	539.49	702.07	843.82	843.82	702.07	843.82
% Margin	0.04	0.04	0.04	0.04	0.05	0.05	0.04	0.05

Adjusted Basic EPS	0.34	0.36	0.51	0.66	0.80	0.80	0.66	0.80

Cálculos de Suporte

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
CNY	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Jan-21	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	8,651	10,591	13,024	15,627	17,172	17,172	15,627	17,172
% Growth	NA	22.4%	23.0%	20.0%	9.9%			9.9%

Cost of Revenue	(7,470)	(9,244)	(11,551)	(13,821)	(15,119)	(15,119)	(13,821)	(15,119)
Gross Profit	1,181	1,347	1,473	1,806	2,053	2,053	1,806	2,053
% Revenue	13.6%	12.7%	11.3%	11.6%	12.0%	12.0%	11.6%	12.0%

Research and Development	(20)	(38)	(48)	(99)	(78)	(78)	(99)	(78)
Selling and Marketing	(64)	(87)	(71)	(94)	(115)	(115)	(94)	(115)
General and Admin	(349)	(413)	(502)	(642)	(640)	(640)	(642)	(640)
Other Inc / (Exp)	46	51	7	(1)	(74)	(74)	(1)	(74)
Total Operating Exp	(387)	(486)	(614)	(836)	(908)	(908)	(836)	(908)

Operating Income	793	861	859	970	1,145	1,145	970	1,145
% Revenue	9.2%	8.1%	6.6%	6.2%	6.7%	6.7%	6.2%	6.7%

Interest Expense	(165)	(114)	(37)	(42)	(7)	(7)	(42)	(7)
Pre-tax Income	629	746	822	928	1,139	1,139	928	1,139
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(218)	(294)	(253)	(190)	(269)	(269)	(190)	(269)
Net Income to Company	411	453	569	739	869	869	739	869
% Margin	4.8%	4.3%	4.4%	4.7%	5.1%	5.1%	4.7%	5.1%

Minority Interest in Earnings	26	60	25	(3)	(29)	(29)	(3)	(29)
Net Income to Stockholders	437	513	594	736	840	840	736	840

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0

Net Income to Common	437	513	594	736	840	840	736	840
% Margin	5.1%	4.8%	4.6%	4.7%	4.9%	4.9%	4.7%	4.9%

As Reported
Basic EPS (Continuing Ops)	0.41	0.48	0.56	0.69	0.79	0.79	0.69	0.79
Diluted EPS (Continuing Ops)	0.41	0.48	0.56	0.69	0.79	0.79	0.69	0.79

WA Basic Shares Out.	1,060.39	1,060.31	1,060.41	1,060.28	1,060.30	1,060.30	1,060.28	1,060.30
WA Diluted Shares Out.	1,060.39	1,060.31	1,060.41	1,060.28	1,060.30	1,060.30	1,060.28	1,060.30

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	629	746	822	928	1,139	1,139	928	1,139
Addback: Net Interest Expense	165	114	37	42	7	7	42	7
Addback: Other Non Operating Expenses, Total	(3)	6	6	22	20	20	22	20
Addback: Depreciation & Amortization	36	36	46	56	43	43	56	43
Addback: Restructuring Charges	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	(107)	8	(6)	(1)	(1)	(6)	(1)
Addback: Gain (Loss) On Sale Of Assets	0	(1)	(1)	(1)	(2)	(2)	(1)	(2)
Addback: Asset Writedown	0	1	2	1	1	1	1	1
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	(72)	9	(49)	(44)	(32)	(32)	(44)	(32)
Adjusted EBITDA	755	804	872	998	1,174	1,174	998	1,174
% Margin	8.7%	7.6%	6.7%	6.4%	6.8%	6.8%	6.4%	6.8%

Adjusted EBIT	719	768	826	942	1,131	1,131	942	1,131
% Margin	8.3%	7.3%	6.3%	6.0%	6.6%	6.6%	6.0%	6.6%

Adjusted Net Income Reconciliation
Net Income to Company	411	453	569	739	869	869	739	869
Addback: Unusual Items	(71)	(98)	(40)	(49)	(35)	(35)	(49)	(35)
Less: Tax Benefit of Unusual Items (26%)	18	26	10	13	9	9	13	9
Adjusted Net Income	358	380	539	702	844	844	702	844
% Margin	4.1%	3.6%	4.1%	4.5%	4.9%	4.9%	4.5%	4.9%

Erro de carregamento

China Merchants Property Operation & Service Co Ltd

SZSE:001914

China / Imóveis / Gestão e desenvolvimento imobiliário

Histórico Financeiro 5A